Stack's Bowers Galleries

Spring 2024 Auction  –  25 - 28 March 2024

Stack's Bowers Galleries, Spring 2024 Auction

Live Sessions: U.S. Coins and Currency, Physical Cryptocurrency

Part 1: Mo, 25.03.2024, from 4:00 PM CET
Part 2: Mo, 25.03.2024, from 11:00 PM CET
Part 3: Tu, 26.03.2024, from 5:00 PM CET
Part 4: Tu, 26.03.2024, from 9:00 PM CET
Part 5: We, 27.03.2024, from 4:00 PM CET
Part 6: We, 27.03.2024, from 8:00 PM CET
Part 7: We, 27.03.2024, from 10:00 PM CET
Part 8: Th, 28.03.2024, from 5:00 PM CET
Part 9: Th, 28.03.2024, from 6:00 PM CET
Part 10: Th, 28.03.2024, from 8:00 PM CET
The auction is closed.

Description

Unfunded 2013 Lealana 0.1 Bitcoin. Firstbits 1CvQJk. Serial No. 5611. Buyer Funded. Green Address. Silver. Proof-69 Deep Cameo (PCGS).

Unfunded and non-loaded. An incredibly exciting offering that represents a rare chance to acquire an unfunded Lealana 0.1 BTC in silver. While unfunded brass examples are encountered with some frequency, those in silver are scarce and we have never before offered this particular variety to collectors. This denomination in general remains particularly sentimental to our firm because a funded example was featured as the very first physical crypto coin we ever presented at auction. That coin, Serial Number 3605, sold for $33,600 in our November 2021 sale and kick-started a category that has since gone on to witness over $2 million in prices realized. Though unfunded, the present coin (#5611) surely represents an important opportunity. It also ranks among the finest coins graded by PCGS with only 1 ranked higher. Issued on a 25mm planchet of ¼ ounce of .999 fine silver and minted by Northwest Territorial Mint, the obverse features a holographic sticker with the serial number at left and the public address visible through a rectangular window. The words "Buyer Funded" are also printed near the top. Beneath the holographic sticker is the private address that allows the owner to redeem the value of the bitcoin once the sticker is peeled away. On the reverse is the Bitcoin currency symbol at center surrounded by a legend listing the denomination, composition, and the Hawaiian phrase "IKAIKA I HELU NUI" that translates as "Strength in Numbers." This phrase is also featured on the Casascius coin series but is listed there in Latin as "Vires In Numeris." First introduced as Lealana Litecoin, the Lealana series was released to collectors and investors in June 2013 as a counterpart to the Casascius physical bitcoins introduced in 2011. It was invented and issued by Noah Luis of Honolulu, Hawaii, who is perhaps better recognized within the crypto community by his internet handle "smoothie." These physical Lealana Bitcoins were produced in both brass and silver compositions and issued in a range of denominations from 0.1 BTC to 1 BTC, corresponding to those of the Casascius series. Public Address: 1CvQJkwKocUjQvV3gSsd2sREHu3TPhGkiz

PCGS# 921846.

PCGS Population: 6; 1 finer.

Estimate: $300

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Bidding

Price realized 440 USD
Starting price 1 USD
Estimate 300 USD
The auction is closed.
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